[China Road and Bridge Signs Cambodia Jinba Expressway Project]Recently, CRBC and the Ministry of Public Works and Transport of Cambodia jointly signed the main contract and related appendices of the Phnom Penh-Bavet Expressway Project in Phnom Penh, marking the official implementation of the project. The Phnom Penh-Bavet Expressway is the second expressway in Cambodia after the Jingang Expressway. The project has a total length of about 135 kilometers and adopts the BOT model. The construction period is 4 years and the agreement operation period is 50 years. After the completion of the Jinba Expressway, it will effectively improve the traffic capacity from Phnom Penh, the capital of Cambodia, to the Cambodia-Vietnam border city of Bayu, promote trade between Cambodia and Vietnam, and play the role of an international channel. Edit/Ma Xue
On April 9, 2026, National Energy Group Yongzhou Power Generation and Hunan Zhongtai Technology signed a polyimide film green power direct connection project at Yongzhou Land Port, witnessed by the Yongzhou Municipal Bureau of Industry and Information Technology and representatives of State Grid. Yongzhou Power Generation is responsible for building a "wind solar storage" collaborative power supply system to achieve direct connection of green electricity. Zhongtai Technology will use this to reduce electricity costs, lock in price risks, and obtain traceable green electricity certificates to meet export carbon compliance and enhance ESG image, helping both parties achieve industrial synergy and green development.Editor/Cheng Liting
TikTok recently invested $125 million in Ho Chi Minh City to focus on improving its logistics, payment, and digital commerce systems, aiming to address pain points such as low fulfillment efficiency and complex COD management in Vietnamese e-commerce. Against the backdrop of Vietnam's e-commerce scale reaching 32 billion US dollars and dominated by Shopee and TikTok, the new E-commerce Law plans to introduce strict regulations, extending supervision to live streaming e-commerce content and seller qualifications. Cross border sellers face higher thresholds for local registration and data compliance, and the platform's responsibility boundaries are further clarified.Editor/Cheng Liting